US election


Rising currencies spark fear of post-Covid currency war

Rising currencies spark fear of post-Covid currency war

Financial markets’ euphoric reaction to the recent Covid-19 vaccine breakthroughs and US election results is pushing some currencies up so fast that rumblings have begun about a potential new FX war.Almost a decade after Brazil’s finance minister likened Western central bank money-printing to economic warfare, some of the conditions that …

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Trump erupts as Biden closes in on US presidency

Trump erupts as Biden closes in on US presidency

President Donald Trump erupted on Thursday (US time) in a tirade of unsubstantiated claims that he has been cheated out of winning the US election as vote counting across battleground states showed Democrat Joe Biden steadily closing in on victory."They are trying to steal the election," Trump said in an …

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Global investors keep powder dry as US election gets tight

Global investors keep powder dry as US election gets tight

HONG KONG/SINGAPORE: Global investors in Asia are sticking with bets on China's recovery and holding off on major portfolio changes as early results show a tight US presidential election.President Donald Trump narrowly won in the battleground state of Florida, keeping open a path to the White House, which has upended …

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US election suspense stokes market volatility

US election suspense stokes market volatility

(ATF) Hong Kong: Financial markets fluctuated violently as US election results poured in but with no clear winner in sight more volatility is expected. However, US Treasuries and the dollar rallied amid the fading expectation of a 'Blue Wave', which means lower chances of massive fiscal spending in 2021.Stock futures …

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Key US election result could arrive during Asian market hours

Key US election result could arrive in Asian trading morning

(ATF) In-person voting in the US elections on Tuesday November 3 will conclude a process that has actually been underway for some time, with unprecedented numbers of Americans voting early, either via mail or by attending polling stations.Rules on counting votes vary by state and there are likely to be …

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What would a Blue Wave mean for the US markets?

What Would a Blue Wave Mean for the US Markets?

(ATF) Writing about the market implications of presidential election scenarios typically involves analyzing which sectors are best positioned to benefit from Democrat or Republican campaign platforms. But this isn’t your typical election cycle with COVID-19 surging again in the U.S. and widespread concerns about the type of recovery we can …

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PBoC initiates moves to cool rapidly rising yuan

PBOC initiates moves to cool rapidly rising yuan

Speculative bets that Joe Biden will win the White House on Nov. 3 and bring a steadier tone to rocky Sino-US relations have turbocharged the strongest yuan rally in years, and Chinese authorities have started pushing back.In recent weeks, the People's Bank of China (PBoC) has cut the cost of …

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EM bonds set to ride the Blue Wave

EM bonds set to ride the Blue Wave

(ATF) On the eve of the US Presidential election, Emerging Market bonds play an important role in an investment portfolio. They are leveraged to Chinese and global growth, offer some carry, and have not yet reached pre-pandemic spread levels despite the rally. Emerging Market bonds will be less affected if …

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Markets this week: China Plenum, US election rhetoric

Markets this week: China Plenum, US election rhetoric

(ATF) Economic eventsFinancial markets will be hostage to political noise from the United States next week ahead of the November 3 presidential elections which will keep the volume of rhetoric quite high. China’s top leaders will chart the country’s economic course for 2021-2025 at a key meeting starting on Monday, …

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